The company also said it renamed the project One Rahmaninov.
“We took over the management and sales segment for this new residential project which, once included in the portfolio of One United Properties, joins our super premium projects located in Bucharest’s exclusive areas such as One Charles de Gaulle, One Verdi Park and One Mircea Eliade,” stated Beatrice Dumitrascu, VP Residential Division One United Properties.
Located in Bucharest’s Floreasca Lake area, the complex comprises 86 luxury housing units, of which 50% have already been sold, 41 apartments and two penthouses with a combined value of nearly EUR50 million. The complex will be managed by One United Properties and will see redecoration works to be carried out by interior design company Lemon Interior Design.
Dorin Mateiu, the former owner of cold cuts producer Elit Cugir, one of the leading companies on the Romanian meat products and cold cuts market, had sold the cold cuts business in 2018 to US Smithfield Foods, and directed investments to the real estate sector. His portfolio currently includes the main headquarters of First Bank in Bucharest’s Victory Square (the former Piraeus Bank) and a series of other residential and office properties located in Bucharest’s central areas.
One United Properties is one of the most active real estate developers of residential, office and mixed-use projects in Bucharest. The company’s portfolio comprises over 2,000 excusive residential units and Class A plus office space.
One United Properties’ ongoing projects include One Tower, part of the One Floreasca City ensemble, the One Verdi Park residential complex and One Cotroceni Park.